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2021/2022  MA-MMBAO1104U  Corporate Finance

English Title
Corporate Finance

Course information
Language English
Course ECTS 3 ECTS
Type Mandatory
Level Part Time Master
Duration One Semester
Start time of the course Autumn, Spring
Timetable Course schedule will be posted at calendar.cbs.dk
Study board
Study Board for Master of Business Administration
Course coordinator
  • Jesper Rangvid - Department of Finance (FI)
Main academic disciplines
  • Finance
  • Economics
Teaching methods
  • Face-to-face teaching
Last updated on 09-06-2021

Relevant links
Learning objectives
After completing this course, students are expected to be able to:
  • Solve real-world problems and cases using the tools and concepts from corporate finance.
  • Identify, explain, and apply the core concepts, models, and methods.
  • • Calculate, interpret, and compare financial statistics, prices, returns, and costs.
  • Elaborate and present solutions for financial decision problems.
Prerequisites for registering for the exam (activities during the teaching period)
Number of compulsory activities which must be approved (see section 13 of the Programme Regulations): 1
Examination
Corporate Finance:
Exam ECTS 3
Examination form Home assignment - written product
Individual or group exam Individual exam
Size of written product Max. 15 pages
Written company assignment.
Assignment type Project
Duration Written product to be submitted on specified date and time.
Grading scale 7-point grading scale
Examiner(s) One internal examiner
Exam period Autumn and Winter
Make-up exam/re-exam Oral Exam
Duration: 30 min. per student, including examiners' discussion of grade, and informing plus explaining the grade
Preparation time: No preparation
Examiner(s): If it is an internal examination, there will be a second internal examiner at the re-exam. If it is an external examination, there will be an external examiner.
Course content, structure and pedagogical approach

Course content, structure and pedagogical approach

This course introduces participants to the fundamentals of Corporate Finance. The topics covered are critical for understanding and analyzing the many financial issues that face modern firms. The topics include, how to evaluate investment decisions, how to balance risk versus return, how to use different sources of financing, how to obtain the cost of capital, etc. The course also covers corporate governance, payout practices, international corporate finance, risk management, mergers and acquisition, etc. In covering the material the course combines popular applied financial methodologies with practical examples and case studies. The course will primarily take a financial management perspective and concentrate on the application of concepts.

Description of the teaching methods
The course is structured into sessions, where each session is focuses on a specific topic. Diverse teaching methods include lectures, cases, readings and discussions. The class meetings are interactive and require ongoing engagement of the students. This includes gaining hands-on experience by implementing concepts (e.g. in Excel), discussing real-life cases to internalize the concepts presented in the course, presenting groupwork on particular corporate finance topics and providing concrete financial recommendations.

 
Description of the teaching methods
The course is structured in sessions, where each session is focusing on a specific topic. The course has diverse teaching methods using lectures, cases, readings and discussions. The class meetings are interactive and require ongoing engagement of the students.
Feedback during the teaching period
Feedback will occur periodically in the course via in-class problem solving, one-to-one dialogue in lectures and breaks, regular case discussions, following presentation of groupwork on assigned topics, and by individual student request.


The evaluation
At the evaluation unit at CBS’s Economic & Analysis department we ask you to evaluate the overall course. In other words if there has been exercise classes and lectures the evaluation should include both. We evaluate every course and faculty to secure and strengthen the professional level of the offered course.

Student workload
Lectures 32 hours
Preparation + Exam 78 hours
Expected literature

Syllabus will be available, well in time, before the first session.
Last updated on 09-06-2021